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Apartment 3, 1 Stansfield Street, Manchester, Lancashire M40 1NF

Lot no: 34 Sold at Auction for £70,000
 

Guide Price £59,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 30th March 2023

10.00am
Key Features
  • 2 Bed Flat
  • Purpose Built Block
  • Ideal Buy To Let
  • Popular Location
  • UPVC Double glazing and ELectric Heating
  • EPC Rating - D
  • Council Tax Band - B
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Sold at Auction for £70,000

Flat

Property Description:

A two Bedroom apartment in modern development. The property is located on the ground floor of this purpose built block. Benefitting from UPVC double glazing and electric heating.
We are informed that the property also benefits from parking.

An ideal buy to let investment with estimated rental value of £595 pcm / £7140 per annum.

Well located with good local amenities and close to the Oldham Road which takes you straight into Manchester city centre.

A great investment opportunity.

Ground Floor

Communal Hallway
Reception Hallway
Open Plan Lounge / Kitchen / DIner
Bedroom One
Bedroom Two
Bathroom

Outside

Communal Gardens.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:

Leasehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.